Layoffs in the tech industry have been on the rise in recent years. In 2022, 1,064 tech companies conductedlayoffsresulting in 164,969 tech employees being let go, according todatafrom Layoffs.fyi. In 2023, 1,186 tech companies carried out layoffs an...
As reported by CTech on January 11, 2024, mobile game publisher and developer Playtika plans to lay off up to 400 employees, or about 10% of the company’s total workforce. Playtika previously laid off 900 employees in 2022. In 2023, the company agreed to pay up to $300 million to ac...
October 5 - uniQure:The biotech is losing a fifth of its employees—including its chief scientific officer—as well half of its R&D projects in efforts to save enough money to keep its planned gene therapy trials running into 2027. A total of 114 positions will be eliminated, though the co...
January 27, 2023 at 6:43 PM GMT+8 Firstly, don’t stress. The scale of layoffs happening in tech might not play out across other industries. But if it does, there are plenty of ways to prepare. 10'000 Hours—Getty Images One month into 2023 and major tech companies have already laid...
"Firing people is no fun, but you don't want to over-hire," Taska said. "Let's start with revising the outlook on open positions versus where it was three to four months ago. This is not the phase for 'fire first' except in tech, where they over-hired," he said. ...
“With the Federal Reserve issuing rate cuts, this might ease slightly in the near to long term. “In the long term, developers need to seriously evaluate their business models and focus on cost optimizations.” This factor has also been seen in the wider tech industry, which saw more than...
In the midst of significant layoffs hitting the tech industry, scammers have doubled down on targeting job seekers with various employment scams.
And, the trend will continue in 2023. The first quarter of 2023 has witnessed 567 layoff announcements across big tech, startups, and unicorn tech companies. Over 150,000 IT employees worldwide were impacted by the recent layoff spree. ...
In Nov I was rolled off due a complete fiasco surrounding the skill last the client needed, analytics, and what they chose, a tech PM. Note, I had been offered 2 other projects 7/23, but RMG would not allow me to take either since they said I had been spoken for but the first cl...
cuts atIndeedwill affect 2,200 of its more than 14,600 employees from “nearly every team,” CEO Chris Hyams said in astatement, writing the cuts come as the job market cools following a “recent post-Covid boom,” and warning tech revenue will likely decline in fiscal years 2023 and ...